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I started out by viewing the marketplace as a cruel place, where you need intervention by government and lawyers to protect people. But after watching the regulators work, I have come to believe that markets are magical and the best protectors of the consumer. It is my job to explain the beauties of the free market.

John Stossel

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John Stossel
Age: 77
Born: 1947
Born: March 4
Journalist
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Television Presenter
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Chicago Heights
Illinois
John Frank Stossel
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The happiest stutterers, I learned, are those who are willing to stutter in front of others.
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You can either invade a country or leave them alone and trade with them. When goods cross borders, armies don't.
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I never wanted to be an anchor for 25 years, and suddenly I wanted to be one.
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Patrick Henry didn't say, Give me safety, or give me death.
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What happened under communism - and increasingly, is happening in America, as Joseph Sobran put it: 'Need' now means wanting someone else's money. 'Greed' means wanting to keep your own. 'Compassion' is when a politician arranges the transfer.'
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The people who tried government regulation have lives which are miserable.
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Living with the liberals, you get to hear their arguments, fight with them all the time. Keeps me alert.
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Asking someone in the media about liberal bias is like asking a fish about water. 'Huh, what are you talking about? Where is it?'
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It’s not about electing the right people. It’s about a narrowing their responsibilities.
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I was a closet stutterer.
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What private property does is connect effort to reward, creating an incentive for people to produce for more. Then, if there's a free market, people will trade their surpluses to others for the things they lack. Mutual exchange for mutual benefit makes the community richer.
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Where I live in Manhattan and where I work at ABC, people say conservative the way people say child molester.
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'Live and let life' used to be a noble approach to life. Now you're considered compassionate if you demand that government impose your preferences on others.
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I like taking the subway to work.
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A system that rewards politicians skilled at campaigning - which is the art of creating an illusion - and that puts hundreds of billions of coerced taxpayer dollars at the disposal of the winners will tend to attract men and women with a comparative advantage in manipulation.
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Madoff's scam was small compared to Ponzi schemes the government itself runs: Social Security and Medicare.
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